FLOT BTC Operations (buy side)

Liquidity
#365

###Another deposit of 12 BTC to @zoro’s Poloniex NuBot operation.

Reason:

Signed by me (1 of 5/8); please verify and sign.

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

#366

I mean Jordan’s BTC are T4 fund, right? Now these BTC become NBT (via NuLagoon). Who do these NBT belong to?

#367

signed 2 of 5/8. verify

#368

Now I understand. You are right. These NBT are on T4 now, held in a singlesig address controlled by JordanLee, I suppose.

#369

Another 12 BTC to zoro.

Signed 3 of 5-of-8.

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
#370

Is it still needed? If yes i ll sign the tx.

#371

I’d say: yes.
Allow me to ask why you doubt that.

Buy side support at NuBot is still low. The 12 BTC don’t hurt and I consider the total amount of liquidity provided by @zoro’s NuBot low (I suppose at least $20,000 total liquidity requires less frequent FLOT activities while providing a better level of peg support).

You can always check the status yourself by looking at the broadcast liquidity information:

nud getliquidityinfo B | grep BJs4YbtaqCmxeHLiR6zzjnZEotYVFAPfMo -A 2
        "BJs4YbtaqCmxeHLiR6zzjnZEotYVFAPfMo" : {
            "buy" : 4704.53,
            "sell" : 9855.7689
1 Like
#372

Ok tks for clarifying.

Indeed it is buy side is roughly 50% of sell side.
Let us rebalance and see how it helps our liquidity operations.

Verified, signed 4 of 4-5.

#373

Verified, signed and broadcasted: 7dc0f0b22ced10ff05aef937e91795be5840e5fbca9bc4a37689622543499c89

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
#374

Can someone else also confirms this? @Nagalim @JordanLee ? If the NBT belongs to T4, then my last buyback calculation was wrong because it didn’t count in these NBT.

#375

That should be T4, is it JL that holds that address? If so, he should send it to FLOT’s nbt sell side or to FSRT.

#376

@JordanLee if the above is correct can you report how many T4 Nubits you have (not sent to FLOT or FSRT addresses) so that buyback calculation can take it into account?

#377

Buyback calculation will be done soon. @JordanLee can you answer the above?

#378

NSR Buyback #22 (mistake)

[Calculation][Calculation].
[Calculation]: Supply, Reserves, and Equilibrium

Verify and sign. Cancelled because amount is lower than $2500.

1 Like
#379

@Nagalim says he does not do buyback if the amount is less than $2500 I remember.

2 Likes
#380

Oh right.

Will the next buyback be #22 or #23? I imagine #22. Update: Yes, #22.

#381

Now that you say it…
…I’ve signed the tx without thinking if that.
I won’t post the link to the signed tx, unless @Nagalim wants to do the buyback anyway.

Do you have a reference for the $2,500? I only find that amount related to the PPC reserve.

edit: I should read more thoroughly:

#382

Strictly speaking the $2500 limit won’t take effect before Apr 1. I am ok with either way.

#383

Just in case @Nagalim would do it (if not he can withdraw the funds to FLOT in case the tx gets signed and broadcast before @Nagalim can stop FLOT):

edit: tx to @Nagalim should be stopped

@jooize, thank you for creating the tx
@mhps, thank you for creating the buyback calculator script

#384

  1. We didnt do the buyback last week, setting precident for the $2500 limit.

  2. There has to be some limit. Surely you dont expect me to do the full thread for like a $1 purchase?

  3. It appears to be advantagous at the current moment to hold our btc. This is arguable, but the decline of nbt demand seems to be continuing. Anyway, i think we will often be in a situation like this, where there is unsurity of the direction network liqudity will take and we start sinking to the 15% limit.

  4. I’m a volunteer, if i say I’d rather not y’all should respect that.

All that said, if FLOT sends the funds i will perform the buyack.

2 Likes